Saudi Arabia Oil and Gas Midstream Market Outlook to 2022
Saudi Arabia midstream oil & gas market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2022, at a CAGR of XX percent during the forecast period from 2016 to 2022.
The companies involved in the oil & gas midstream sector have fared well during the oil & gas market downturn and are looking forward to increasing their investments in this sector. This sector has been insulated from the market fluctuation to some extent, though the oil prices plunged below the profitable value. An analysis of the sector done by Mordor Intelligence, shows that the employment rate during the market downturn has increased in this sector as opposed to the decrease in the upstream sector. Marginal additional investments have also been made in this sector whereas the upstream sector saw a decrease in investments. However, as this sector is primarily dependent on the upstream market, there could be negotiations and renegotiations of a few contracts.
Saudi Arabia midstream oil & gas business has currently a network of laid pipelines of length close to XX km and an additional length of about XX km being planned with an investment of USD XX billion. Saudi Arabia invested USD XX billion between 2013 and 2015 in the midstream oil & gas market and it is estimated that an additional USD XX billion would flow in by 2022. Saudi Arabia also maintains the secondary logistics supply through barges, rail cars and truck fleet. Saudi Arabia transports XX million barrels of crude oil each day.
Key Deliverables in the Study
Saudi Arabia midstream oil & gas market analysis, with assessments and competition analysis on a regional scale Market definition along with the identification of key drivers and restraints Saudi Arabia midstream oil & gas market report presents an overview of the main economic, political, environmental and regulatory aspects to consider when investing in the sector Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market Extensively researched competitive landscape section with profiles of major companies along with their market share Identification and analysis of the macro and micro factors that affect Saudi Arabia midstream oil & gas market on both global and regional scale A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the domestic and international players in this industry and the key strategies adopted by them to sustain and grow in the oil & gas market